Immovable Property Tax

Transfer Fees of Immovable Property

All taxes and duties regarding the property bought, due at the date of the transfer, are payable by the owner (Vendor). The only taxes payable by the purchaser simultaneously with the transfer of the property in his name are the transfer fees which are payable on the...
Immovable Property Tax

Acquisition of immovable property by foreigners in Cyprus

Cypriots and EU citizens: According to the Cyprus Law, Cypriots and EU citizens, Cyprus may acquire any property without restrictions. Non-EU citizens: For non-EU citizens, there are restrictions on the type and size of real estate they are allowed to buy. Precisely,...